Aside from a couple of frantic dips into the .50's

Aside from a couple of frantic dips into the .50's, major support has held in a range at or just above the price of each of the PIPEs: .80.

Rauber strongly suggested at the AGM that another PIPE would be necessary.  So here we are again.

Will another PIPE be required, or can JBII pull itself up by its bootstraps in time to avoid it?

If another PIPE is necessary, will the same price be used or will it have to be offered at a lower price?

Or can it be offered at a higher price by finally showing that the technology can deliver the claims that have been made for a system running in production mode?

A clear, long-term bottom pattern has not yet formed.  The inverted H&S pattern created in the July '10 to April '11 time frame is clear in hindsight.

There was the huge spike from .92 to 2.59 at the end of '11, just before the SEC case was revealed.  What would the chart have looked like without the specter of the noise generated by that case? Would we have the management team we have now without it or would that have happened regardless?

What type of long-term bottoming pattern is expected this time?  How will the market react just one system finally doing what they said it can do?

Are we there yet?